Nuvo Lighthouse Point
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Overview
- Description: 12 Residential Units
- Address: 3876 NE 22nd Way, Lighthouse Point, FL 33064, United States
- Total Size: 1 Acre
Summary
Nuvo Lighthouse Point represents a rare opportunity to develop a project of relative scale in a submarket with incredibly high barriers to entry (due to the lack of available land and stringent local development regulations). The Project is located in the core of Lighthouse Point, one of the most desirable residential enclaves in south Florida due to its strategic positioning east of US-1 (minutes from the intracoastal) between Downtown Fort Lauderdale (<20-minute drive) and Boca Raton (<10-minute drive), both of which are convenient commutes that don’t require travel via a highway. The Property is surrounded by multimillion-dollar homes, and provides easy access to the beaches, high-quality school systems, medical centers, necessity-based retail and a broad offering of desirable F&B options. The Property has been designed with condo-style finishes to compete with the ultra-luxury rental “shadow market” and NADG is planning to utilize its existing South Florida infrastructure for management, which should generate operational savings and higher margins.
The townhouses will range from 2,040 sf to 2,467 sf and have between 3 and 4 bedrooms with large, open floor plans, 10’ ceilings and balconies. Each unit will also feature a private fenced backyard with lush landscaping and patio space, private 2-car garages and smart home technology. The project will also feature secure concrete-block construction and hurricane impact windows. -
Overview
- Description: 12 Residential Units
- Address: 3876 NE 22nd Way, Lighthouse Point, FL 33064, United States
- Total Size: 1 Acre
Summary
Nuvo Lighthouse Point represents a rare opportunity to develop a project of relative scale in a submarket with incredibly high barriers to entry (due to the lack of available land and stringent local development regulations). The Project is located in the core of Lighthouse Point, one of the most desirable residential enclaves in south Florida due to its strategic positioning east of US-1 (minutes from the intracoastal) between Downtown Fort Lauderdale (<20-minute drive) and Boca Raton (<10-minute drive), both of which are convenient commutes that don’t require travel via a highway. The Property is surrounded by multimillion-dollar homes, and provides easy access to the beaches, high-quality school systems, medical centers, necessity-based retail and a broad offering of desirable F&B options. The Property has been designed with condo-style finishes to compete with the ultra-luxury rental “shadow market” and NADG is planning to utilize its existing South Florida infrastructure for management, which should generate operational savings and higher margins.
The townhouses will range from 2,040 sf to 2,467 sf and have between 3 and 4 bedrooms with large, open floor plans, 10’ ceilings and balconies. Each unit will also feature a private fenced backyard with lush landscaping and patio space, private 2-car garages and smart home technology. The project will also feature secure concrete-block construction and hurricane impact windows. -
Overview
- Description: 12 Residential Units
- Address: 3876 NE 22nd Way, Lighthouse Point, FL 33064, United States
- Total Size: 1 Acre
Summary
Nuvo Lighthouse Point represents a rare opportunity to develop a project of relative scale in a submarket with incredibly high barriers to entry (due to the lack of available land and stringent local development regulations). The Project is located in the core of Lighthouse Point, one of the most desirable residential enclaves in south Florida due to its strategic positioning east of US-1 (minutes from the intracoastal) between Downtown Fort Lauderdale (<20-minute drive) and Boca Raton (<10-minute drive), both of which are convenient commutes that don’t require travel via a highway. The Property is surrounded by multimillion-dollar homes, and provides easy access to the beaches, high-quality school systems, medical centers, necessity-based retail and a broad offering of desirable F&B options. The Property has been designed with condo-style finishes to compete with the ultra-luxury rental “shadow market” and NADG is planning to utilize its existing South Florida infrastructure for management, which should generate operational savings and higher margins.
The townhouses will range from 2,040 sf to 2,467 sf and have between 3 and 4 bedrooms with large, open floor plans, 10’ ceilings and balconies. Each unit will also feature a private fenced backyard with lush landscaping and patio space, private 2-car garages and smart home technology. The project will also feature secure concrete-block construction and hurricane impact windows. -